THE boards of General Electric (GE) and Wabtec approved the merger of GE Transportation with Wabtec in a deal worth $US 11.1bn on May 21. The merger will make Wabtec a Fortune 500 company and a major player in the railway equipment and services market with operations in more than 50 countries.
The mayor of Quebec City, Mr Régis Labeaume, in the presence of Quebec province’s premier Mr Philippe Couillard and the president of Capital Transport Network (RTC) Mr Rémy Normand, has unveiled a $C 2.9bn ($US 2.22bn) plan to expand the city’s public transport network, as the existing bus-based system is at maximum capacity in several locations.
Charlotte Area Transit System (CATS) opened an extension to its 15km (9.3-mile) Lynx Blue Line light rail line on March 16.
Texas Central, which is planning to build a privately-funded 240-mile, 200 mph railway linking Dallas with Houston, has selected the site for its station in Dallas and says it has reached an agreement with developer Jack Matthews, which owns the site.
An ACS Group/Hochtief-led consortium has been selected as recommended developer for a $US 1.95bn public-private partnership (PPP) project to build an automated peoplemover at Los Angeles International Airport and operate it for 25 years.
E. Hunter Harrison, president and CEO of CSX, died Dec. 16 due to unexpectedly severe complications following a recent illness.
Britain’s infrastructure manager Network Rail (NR) has introduced into operation the first two of three 150m (492-foot) long grinding trains, which Loram and Colas Rail are supplying under a £36-million (US$48.6-million) contract.
Harsco Rail has won two orders worth nearly $25 million to supply track maintenance and measuring equipment for use on the Haramain high-speed line in Saudi Arabia and the Transnet network in South Africa.
Britain’s infrastructure manager Network Rail (NR) has ordered seven Stoneblower track geometry machines from Harsco Rail.
A consortium led by General Electric and including Transnet, South Africa, has been named preferred bidder by the government of Nigeria government for a concession to rehabilitate, finance and operate Nigerian Railways’ 2178-mile network.
Loughborough University has received funding from Britain’s Railway Safety and Standards Board (RSSB) for a two-and-a-half-year project to build a full-size prototype of its Repoint track switch.
